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Nov 1, 2012
11/12
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the reality is the supply of our energy hasn't increased with the demand on our energy. and the really is then when you get hit like this and where you're operating at the breaking point, then it takes forever and ever to rebuild. also, a lot of this equipment, i'm not a complete expert on this, but i to know from my experience as mayor, a lot of this equipment is very old which the reason why it takes three, four, five days to bring it back. if you had modern equipment, you could bring it back in 12, 24 hours. and that's a failure of long term pot just inot just investmn opposition to doing what needs to be it done. >> i know you don't like to second guess or be critical, but if you were mayor of this city, would you be running the marathon or would you allow the city to host the marathon? >> 100%. i agree with that 100%. >> why? >> the city has to go on. >> it's stretched to its limits. >> this is what we have 35,000 size police department for. because we can do remarkable things. we can get hit very hard. i once had a tremendous snowstorm two days before the new year'
the reality is the supply of our energy hasn't increased with the demand on our energy. and the really is then when you get hit like this and where you're operating at the breaking point, then it takes forever and ever to rebuild. also, a lot of this equipment, i'm not a complete expert on this, but i to know from my experience as mayor, a lot of this equipment is very old which the reason why it takes three, four, five days to bring it back. if you had modern equipment, you could bring it back...
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Nov 2, 2012
11/12
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putting us in control of our energy future, now. >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour as the east coast rebuilds from the devastation of hurricane sandy, bigger government is not necessarily better government when it comes to helping states come out of natural disasters. also tonight, you saw it today. investors are clearly influenced by tuesday's election. the dow is down 140 points. we talked election markets. mediocre jobs report out today inch inches unemployment rate up to 7.9. still far from full employment. so far from full employment. who's to blame for not getting it exactly to full employment? well, here now is robert reich, former labor secretary and cnbc contributor. and he's the author of "beyond outrage." we also welcome back casey mulligan, professor of economics at the university of chicago and author of "the redistribution recession." casey mulligan, i have seen estimates that say we are 15 million private sector jobs short of where we ought to be under a normal growth economy. why is this? why are we so far from ful
putting us in control of our energy future, now. >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour as the east coast rebuilds from the devastation of hurricane sandy, bigger government is not necessarily better government when it comes to helping states come out of natural disasters. also tonight, you saw it today. investors are clearly influenced by tuesday's election. the dow is down 140 points. we talked election markets. mediocre jobs report out...
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Feb 23, 2012
02/12
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energy now and a little commodity action on the side? >> you have to be really careful about the directional play, because there is so much vo tillitil volatility. the chinese economy is clearly weakening and a lot of people in the market expect the decline and demand should make the oil price fall. they are also looking at weakening numbers out of germany and out of europe in general and a lot of people don't have faith in the recovery story in the united states, because it's still so nacent. on the other hand, i think we're seeing, for example, the saudis are saying if we're going to maintain a stable population, we have to buy the peace, write checks for $5,000 a person, they have an incentive to keep it high. and add the noise out of iran, which is loud. and nigeria is starting to implode, that 10 percent of america's oil supply. i think it will be really volatile, but i expect the price over time to remain high or go higher from here. but i also expect to see a lot of downside risk in that view. >> how much downside is there to the
energy now and a little commodity action on the side? >> you have to be really careful about the directional play, because there is so much vo tillitil volatility. the chinese economy is clearly weakening and a lot of people in the market expect the decline and demand should make the oil price fall. they are also looking at weakening numbers out of germany and out of europe in general and a lot of people don't have faith in the recovery story in the united states, because it's still so...
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Mar 27, 2012
03/12
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epa on coal and energy. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... [ donovan ] and i thought "i can't do this, it's just too hard." then there was a moment. when i decided to find a way to keep going. go for olympic gold and go to college too. [ male announcer ] every day we help students earn their bachelor's or master's degree for tomorrow's careers. this is your moment. let nothing stand in your way. devry university, proud to support the education of our u.s. olympic team. yeah, scott. i was just about to use... that's a bunch of ground-up paper, lad! scotts ez seed absorb
epa on coal and energy. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's...
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Mar 8, 2012
03/12
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energy sources. and then again, let's approve keystone pipeline. i don't understand why we wouldn't want to get the oil from canada as opposed to middle east with the unrest that is going on. >> this 30 seconds. >> and none of these measures -- >> do you buy into the keystone pipeline? >> not as an immediate slugsz. >> solution. >> does america need it? >> we're going have a proposal from the democrats in the united states senate that will address the need for the oil that the keystone pipeline would provide. >> all right. i got to get out. >> it won't solve the immediate problem. >> it might. the futures markets react very quickly. anyway we have to have you back. we have to talk about this some more. what you're saying is this is a good issue for governor romney. senator kelly ayotte, we appreciate it. senator richard blumenthal, i appreciate seeing you again. coming up on "kudlow," the nation's top ceos put out an important report today detailing how to boost the economy. we're going to talk too t
energy sources. and then again, let's approve keystone pipeline. i don't understand why we wouldn't want to get the oil from canada as opposed to middle east with the unrest that is going on. >> this 30 seconds. >> and none of these measures -- >> do you buy into the keystone pipeline? >> not as an immediate slugsz. >> solution. >> does america need it? >> we're going have a proposal from the democrats in the united states senate that will address the...
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Mar 3, 2012
03/12
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there's a tremendous amount of energy. you know, this so-called romney machine is nothing more than a lot of money. now, money is important. i admit that. the only reason that you're seeing the close in the polls is because romney is on the attack with negative commercials, negative radio and these craziy robocalls. what rick santorum has is people like him. he has tremendous strength. he has people knocking on doors today. he has people making phone calls. a lot more energy with the santorum campaign than with the romney camp. there's nobody enthusiastic in the state about romney. absolutely nobody. >> let's go to the issues here because one thing that came out of michigan, mike, is that economic issues and fiscal issues trumped cultural issues, and that hurt rick santorum. i mean, you probably know these numbers, but in michigan the biggest issue, 55%, the economy. okay? romney beats santorum by 18 points. the second biggest issue, the deficit. romney beats santorum on that by 18 points. are you worried, mike deswine win
there's a tremendous amount of energy. you know, this so-called romney machine is nothing more than a lot of money. now, money is important. i admit that. the only reason that you're seeing the close in the polls is because romney is on the attack with negative commercials, negative radio and these craziy robocalls. what rick santorum has is people like him. he has tremendous strength. he has people knocking on doors today. he has people making phone calls. a lot more energy with the santorum...
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May 21, 2012
05/12
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domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... i haand then i have eleven my grandkids. right when you see them, they're yours, it's like, ah, it's part of me. it's me again. now that i'm retiring they all have plans for me. i'm excited. >>> president obama's doubling down on his attack against mitt romney's private sector experience. his campaign launching this new ad today attacks romney's record on jobs at bain capital. take a listen to the president at his news conference today. >> the president, as opposed to the head of a private equity firm, and your job is not simply to maximize profits. if your main argument for how to grow the economy is i knew how to make a lot of money for investors, then you're missing what this job is about. >> but will attacking private equity pay off for the president? or should he take some advice from his own surrogate, newark, new jersey, mayor cory booker. take a listen. >> bain capital's record. they've done a lot to support businesses, to
domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... i haand then i have eleven my grandkids. right when you see them, they're yours, it's like, ah, it's part of me. it's me again. now that i'm retiring they all have plans for me. i'm excited. >>> president obama's doubling down on his attack against mitt romney's private sector experience. his campaign launching this new ad today attacks romney's...
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Mar 7, 2012
03/12
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he wants to be energy-independent. he is talking about a second declaration of independence in terms of energy. find more and use less. president obama is it one who really believes that government should play a much larger role in our lives, and i think most american people believe that government either ought to get out of the way. >> quickly. quickly, my friend. >> i don't think the voters process information that way. they don't look at -- he is for government. he is against government. what you are looking at are your plans and your track record, and here president obama has a real advantage on the track record of where this economy was, the momentum as to where it's heading. >> all right. i'm awful sorry, senator. we appreciate your time very much. this is a tough one for us. special coverage on super tuesday. jared bernstein and former senator george boynovich. is the gop nomination romney's to lose? we turn to the great state of tennessee and the great congresswoman marcia blackburn. we'll be right back. our ma
he wants to be energy-independent. he is talking about a second declaration of independence in terms of energy. find more and use less. president obama is it one who really believes that government should play a much larger role in our lives, and i think most american people believe that government either ought to get out of the way. >> quickly. quickly, my friend. >> i don't think the voters process information that way. they don't look at -- he is for government. he is against...
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May 29, 2012
05/12
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in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> now it's time to do some stock market work. dow did finish up 126 points for the day. all the major indices rallied more than 1% across the board. did have a disappointing read on consumer confidence. that was trumped by optimism from greece's context to remain in the euro zone. that last one, folks, i wouldn't bet the ranch on it. anyway, we have a rapid dollar rise, and that may be throwing off some deflationary pressures. but like a shark in the water they're still out there. and that's something i want to talk about with our two distinguished panelists. we bring back keith mccullough, ceo of hedge iris management. and jeff, chief market strategist. my friend jim cramer ended today's show by saying he didn't trust today's stock market rally. and frankly, jeff, neither do i for lots of reasons. more to the point, what are you thinking? >> well, we still believe in the summer slide, larry. we've been talking abou
in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> now it's time to do some stock market work. dow did finish up 126 points for the day. all the major indices rallied more than 1% across the board. did have a disappointing read on consumer confidence. that was trumped by optimism from greece's context to remain in the euro zone. that last one, folks, i wouldn't bet the...
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Jun 14, 2012
06/12
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i believe we need a plan for better education and training and for energy independence. and for new research and innovation, for rebuilding our infrastructure, for a tax code that creates jobs in america and pays down our debt in a way that's balanced. i have that plan. they don't. >> the president opened the speech by poking fun at his gaffe last week when he said the private sector is doing fine. he said that's the stuff that will occupy the press but the real choice americans face is the one he outlined in the speech. he says this is the opportunity for american voters to break the partisan stalemate in washington. we'll see what the verdict is, larry. >> many thanks, john. appreciate it. what i heard from the president today, just a whole lot of the same old big government tax and spend solutions. no pro growth policies. nothing to help us get out of the recession their tax cliff. fiscal cliff. mr. president, what are you doing? just spending our money and trying to tax rich people and small business owners to pay for it. i don't get it. let's talk. cnbc contributor
i believe we need a plan for better education and training and for energy independence. and for new research and innovation, for rebuilding our infrastructure, for a tax code that creates jobs in america and pays down our debt in a way that's balanced. i have that plan. they don't. >> the president opened the speech by poking fun at his gaffe last week when he said the private sector is doing fine. he said that's the stuff that will occupy the press but the real choice americans face is...
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Feb 18, 2012
02/12
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we need to activate our energy economy. we have sent bills to the senate consistently through last year to do that and continue to do so now. >> congressman, should some of that have been passed by the senate, do you think? >> no. i mean i didn't like the original house republican bill, because a lot of the pay-for the were onerous. in this bill even i wasn't happy they were taking money from the pensions of federal workers and with the doc fix, a lot of that money comes from cuts to hospitals and nursing homes. this is not a perfect bill by any means. look, we will to come up way compromise. this will create growth. this will basically solve a lot of the concerns that we have right now about the economy, about doctors taking medicare, making sure people get their unemployment. so like anything else, we have republicans and democrats. one house democrat, one house republican. we're not going to get anything done until we work together and this is an example of when we work together. >> congressman and congresswoman, thank y
we need to activate our energy economy. we have sent bills to the senate consistently through last year to do that and continue to do so now. >> congressman, should some of that have been passed by the senate, do you think? >> no. i mean i didn't like the original house republican bill, because a lot of the pay-for the were onerous. in this bill even i wasn't happy they were taking money from the pensions of federal workers and with the doc fix, a lot of that money comes from cuts...